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priced at an annual interest rate of 8.805%
The dollar bonds have maturities in April 2024.
Offers an attractive rate of return of 7.75 per cent to 8.25 per cent.
Funds will be raised in one or more tranches through private placement.
The report was issued by Icra Ratings
L&T Group focuses on retail sector by reducing infra and realty exposure
The firm’s overall outlay would be between Rs 350 and Rs 500 crore
The issue will be aggregating up to a tranche limit of Rs 300 cr
Promoter & Promoters Group held a 45.82% stake in JK Cement
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